The Federal Reserve raised its funds rate on Wednesday by a quarter percent. The 4.5–4.75 percent rate amounts to the…
Some of our nation’s politicians seem to know very little about basic economic principles despite constantly proposing legislative action on…
WASHINGTON — I spent the last couple of weeks in Greece, namely Athens and Crete, cruising the Aegean waters and…
Gunnar Myrdal vs. Friedrich Hayek. There stood a pair of leading heavyweights — a Swede and an Austrian — who…
I first met Aram Bakshian in the fall of 1961. We were both Washingtonians. He was a senior at Woodward…
The Wall Street Journal published an article Friday titled “It Now Costs $300,000 to Raise a Child.” The calculation came…
Another week, another reminder that heavy-handed government industrial policy is in fashion. Nobel Prize-winning economist Michael Spence recently endorsed it…
Politicians, the Federal Reserve, and Fed and administration apologists like to claim that the inflation we face is caused by…
